Reg Allen of Meso Coat Technology Canada says the spray coats the inside of the pipe and could double the life of the line, even with something as corrosive as oil or gas flowing through it.
Western Diversification Minister Michelle Rempel was in Edmonton Friday to announce the government is giving the company $1.5 million to develop the technology.
She says the coating could be used in a wide variety of industries, not just oil and gas.
Rempel says the company developing the coating needs to have specialized equipment to test the new materials and the federal money will help with that.
NAIT president and CEO Glenn Feltham says the technology can be applied to pipeline work, construction and mining equipment.
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